Politics

Opposition parties blame Buhari, Tinubu for harsh economy

..Begin merger talks

By Daniel Tyokua

Some opposition political parties in the country have blamed former president Muhammadu Buhari with Bola Tinubu for the harsh economy being experienced by Nigerians.

Briefing journalists in Abuja on Friday, the national chairmen of the Peoples Redemption Party, Falalu Bello, African Democratic Congress, Ralph Nwosu said the unabated hardship in the country is ignited by anti-people policies and continued corruption.

They said the policies were not encouraging middle men, but frustrating their small businesses, which are needed to make the economy to be strong, saying the two parties are ready to welcome other parties in the struggle to rescue the country.

Bello revealed that the parties have begun merger talks among them and will consider others that are interested in safeguarding the future of the country.

He said the merger will help in exploring strategies for addressing the alarming state of the nation.

According to him, since the return to democratic governance in 1999, Nigeria had witnessed significant economic fluctuations which is evident in the size of GDP that stood at $ 493 billion in 2015 and suffered a disastrous decline to an estimated GDP of $ 352 billion in 2024.

While there is a decline of about 27% and it portends a grim reality for the people, which the past nine years of mismanagement have led to unprecedented economic retrogression, plunging millions people into poverty and stagnation.

The parties alleged that corruption has become deeply entrenched in the country’s political system, crippling national development and public trust.

They said the practices popularized by the APC and PDP administrations in the last two decades have created an environment where corruption is not only tolerated but celebrated.

“We firmly believe that viable and humane alternative can guide our nation toward sustainable economic recovery.

“The practices popularized by the APC and PDP administrations in the last two decades have created an environment where corruption is not only tolerated but celebrated.

“Nigerians must come together to safeguard their future, it is the time we should come together on one political platform to take back the country”

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